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May 23, 2013
05/13
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KCSMMHZ
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kuroda of bank of japan, it seems that he's not too much worried about the bond yield hike, which is obviously it's not very good news for japanese equity market. so all this reasons combine together, i think the market has started to feel that it's maybe a good time to sell for the moment. however, having said that, i don't think this is the phase of decline at the moment. people just wanted to make and to realize the profit they had for the moment and see what is going to happen for their next market movement. the most important things is to see how the growth strategy of the abe government is going to proceed, especially before the upper house election. they're waiting for the equity market. >>> other asian stock markets also fell. declines are across the board. china's data weighed heavily on sentiment. also comments from ben bernanke dampenned sentiment. he said they could scale down the asset buying program by the end of the year. in sydney they ended down 2%. mainland chinese was a week low, it fell 1.16%. investors sold major issues like banks and oil companies. in hong kong,
kuroda of bank of japan, it seems that he's not too much worried about the bond yield hike, which is obviously it's not very good news for japanese equity market. so all this reasons combine together, i think the market has started to feel that it's maybe a good time to sell for the moment. however, having said that, i don't think this is the phase of decline at the moment. people just wanted to make and to realize the profit they had for the moment and see what is going to happen for their...
WHUT (Howard University Television)
136
136
May 23, 2013
05/13
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WHUT
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the other reason may be is that there's a consent in the market that by the interview with mr. kuroda of bank of japan, it seems that he's not too much worried about the bond yield hike, which is obviously -- is not very good news for japanese equity market. so all these reasons combined together, i think the market has started to feel that it maybe is a good time to sell for the moment. however, having said that, i don't think this is a decline in this movement. people that just wanted to make and realize the profit they have for the moment and see what is going to happen for the next market movement. the most important thing is to see how the growth strategy of the abe government is going to proceed, especially before the upper house election. they're waiting for the equity market. >> well, the downward theme definitely spreading across asia today. other markets really suffering some losses. we saw that weak pmi data from china weighing on sentiment. also comments from fed chairman ben bernanke dampening sentiment today. he said the central bank could scale down its asset buy
the other reason may be is that there's a consent in the market that by the interview with mr. kuroda of bank of japan, it seems that he's not too much worried about the bond yield hike, which is obviously -- is not very good news for japanese equity market. so all these reasons combined together, i think the market has started to feel that it maybe is a good time to sell for the moment. however, having said that, i don't think this is a decline in this movement. people that just wanted to make...
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121
May 14, 2013
05/13
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CNBC
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mr. kuroda spoke on the fourth of april. we've only had actions for about three weeks on the bank of japan. so it's a bit premature. we like to think about the bank of japan as building a bridge to the end of deflation. and i'm not sure whether that bridge is long enough. but at the moment they're making progress and i would advice that investors stay invested in the japanese equity market and take part in that. >> yeah. 20 years, they say, you know maybe we should do some qe over here. right? it's only be 20 years. 20 years. i'm thinking long and hard about maybe that's the right move isn't it? >> the bank of japan last year sent 90 minutes telling me how bad qe was. so the bank of japan was a real barrier. and that's why prime minister abe needed to come in and change the governor and the two deputy governors. and under mr. kuroda we clearly get a different bank of japan policy. >> and mr. kuroda wants his helicopter back. i think it's more than a helicopter. >> adrian thank you very much and thank you for playing along. >
mr. kuroda spoke on the fourth of april. we've only had actions for about three weeks on the bank of japan. so it's a bit premature. we like to think about the bank of japan as building a bridge to the end of deflation. and i'm not sure whether that bridge is long enough. but at the moment they're making progress and i would advice that investors stay invested in the japanese equity market and take part in that. >> yeah. 20 years, they say, you know maybe we should do some qe over here....
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May 24, 2013
05/13
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CNBC
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mr. kuroda reiterated flexible operations given the yield advice. he said he was confident the bank could curb volatility, although he wouldn't delve into the market's recent swings. >> translator: we do not have a specific target for stock prices or in the foreign exchange market. i will not comment on their day do day movement. but when it comes to the government bond market in which we were directly involved, stable moments are highly desirable. >> the central bank continues to buy jgbs. we'll likely see stronger cuts to risk premium. joining us from new york, yen, it's good to see you. look, just give us your sense of what's been going on over the last couple of days. we saw -- you know, we saw the yen up, as i say, down to that 4 1/2 low against the dollar, 103.74. a play is not spooked by what's going on, the fed, or are they questioning abe-nomics? which is the bigger driver? >> well, so there are three things that really played into this huge drop in the nikkei. we had the weak close in the s&p on the back confusion after the press conferenc
mr. kuroda reiterated flexible operations given the yield advice. he said he was confident the bank could curb volatility, although he wouldn't delve into the market's recent swings. >> translator: we do not have a specific target for stock prices or in the foreign exchange market. i will not comment on their day do day movement. but when it comes to the government bond market in which we were directly involved, stable moments are highly desirable. >> the central bank continues to...
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May 29, 2013
05/13
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CNBC
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the market did manage to close a little higher to the plus column, but the fact that mr. kuroda is talking about potential capital controls in emerging market economies when we were making some big moment from that jgb meeting with market participants. so, therefore, the japanese government bond yields also crept higher. i believe it touched about 0.95%. and then we had a comment from the secretary-general of the ruling coalition's junior partner, new komeito party, saying that if the ten-year jgb yield breaks 1%, that is going to be a problem. so, ultimately, the boj seemed to have kicked the can down the road, but no real comment on what they intend to do to keep the longer rates down, so this might be a problem and we'll take it one day at a time. we might see the rates creeping back up higher over in japan. back to you. >> thank you very much for that, chloe. >>> let me tell you what's coming up on today's show. angela merkel is rallying her party in readiness for the upcoming german elections. after the break, we cross to frankfurt to hear why she can't count on supp
the market did manage to close a little higher to the plus column, but the fact that mr. kuroda is talking about potential capital controls in emerging market economies when we were making some big moment from that jgb meeting with market participants. so, therefore, the japanese government bond yields also crept higher. i believe it touched about 0.95%. and then we had a comment from the secretary-general of the ruling coalition's junior partner, new komeito party, saying that if the ten-year...
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May 30, 2013
05/13
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CNBC
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the bank of japan governor, mr. kuroda, seemed to be saying the right things in the morning. he was saying that he was going to do everything he can to calm the jitteriness in the bond markets. but that really wasn't enough. so in the afternoon, the bank of japan stepped up to the plate and they said they're going to buy more bonds more frequently. topping up the program that they announced in early april, which is eight times a month of pure chase of jgbs, they're going to up that to ten times a month right now. what's happening right now is this big quantitiry that the bank of japan is in. on the one hand, they're trying to push up inflation to 2%, yet at the same time they want to keep the yields on the jgb market from rising further. although i'm hearing that most of it is technical today, there is a lot of talk among retail investors, of course, about how much deeper this down turn is going to be. so i think there's going to be a lot of pressure, even more pressure on shinzo abe who is the prime minister who is set to announce next week, finally, the third part of his re
the bank of japan governor, mr. kuroda, seemed to be saying the right things in the morning. he was saying that he was going to do everything he can to calm the jitteriness in the bond markets. but that really wasn't enough. so in the afternoon, the bank of japan stepped up to the plate and they said they're going to buy more bonds more frequently. topping up the program that they announced in early april, which is eight times a month of pure chase of jgbs, they're going to up that to ten times...